What determines the price movement of Horizen (ZEN)?

There are two schools of thought when it comes to determining the price of a cryptocurrency like Horizen. By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Horizen, collectively known as <0>fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of Horizen. By way of price action: <0>technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Horizen on the basis that history tends to repeat itself. Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of Horizen. Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for Horizen and the broader cryptocurrency market.

What is the highest price of Horizen price in history?

Horizen achieved the all-time high of 165.92 in 2021-05-08, and is currently trading at 7.531.

What is the lowest price of Horizen price in history?

Horizen reached its all-time low of 3.26 on 2019-10-17.

What is the current market cap of Horizen?

The current market cap of Horizen is 130576437.30310455, as 17338525.73404655 ZEN is trading at the price of 7.531.

How many Horizen are there in the market?

There are currently 17338525.73404655 ZEN circulating in the market. These Horizen can be actively traded or used in the open market.

What is the maximum supply of Horizen?

The maximum supply of ZEN is 21000000 , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

What is the fully diluted market cap (or FDV) of Horizen?

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Horizen is 158151000.0000. The FDV is calculated taking the assumption that all supply of Horizen is circulation, multiplied by its current price of 7.531.

What is the price prediction of Horizen ?

Using an algorithm to automatically identify historical data trends, this <0>Horizen price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Is Horizen a good investment?

Horizen offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Horizen and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and <0>do your own research (DYOR) before investing in Horizen.

You can buy Horizen via Gate by following the steps on <0>how to buy ZEN once you have funded your account.

Horizen Price

ZEN

Rank 396

Horizen (ZEN) Price Live Chart

Horizen (ZEN) Price Today

Horizen (ZEN) price today is $7.53, with a 24-hour trading volume of $12.87K and as such Horizen (ZEN) has a market cap of $130.57M, giving it a market dominance of 0.0036%. The Horizen (ZEN) price moved +15.89% in the last 24 hours.

ZEN Price Data

24h Turnover$12.87K
All-Time High(ATH)$165.92
24h High$13.3
All-Time Low(ATL)$3.26
24h Low$11.21

ZEN Market Cap Infos

Market Cap$130.57M
Fully Diluted Valuation$158.15M
Market Cap/FDV82.56%
Market SentimentNeutral

ZEN Supply

Circulating Supply17.33M ZEN
Total Supply21M ZEN
Max Supply21M ZEN

*Data is for reference only

Horizen(ZEN) Price History

Horizen(ZEN) price has moved +15.89% in the last 24 hours, and -1.52% in the past 7 days. The price of Horizen(ZEN) is -27.77% in the past 30 days, and +16.22% over the last year.